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The Latest Breaking News from RedBird IMI

Revealed: Axel Springer skipped due diligence before £575m Telegraph takeover

Sources say German group may struggle to recoup its investment as titles shift to less profitable models

The Guardian - UK

UK approves takeover of Telegraph newspaper by German publishing giant Axel Springer

Axel Springer, which owns German newspapers Bild and Die Welt, last month announced it would pay £575 million in cash for The Telegraph's print and online versions.

Euronews

Telegraph takeover by German buyer cleared by culture secretary

Lisa Nandy says there are no grounds to refer Axel Springer deal to Ofcom, ending almost three years of uncertainty for titles

The Guardian - UK

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Government gives thumbs up to Telegraph’s £575m German takeover

Politico and Business Insider owner Axel Springer struck the deal to buy the Telegraph Media Group last month.

Evening Standard

‘No one saw this coming’: will the surprise Telegraph winner change the paper’s direction?

Daily Mail owner could take long-term hit after being gazumped at the 11th hour by Germany’s Axel Springer

The Guardian - UK

German twist in the Telegraph tale shatters Lord Rothermere’s dreams

The European media giant Axel Springer has scuppered the Daily Mail owner. But why did it not bid sooner? And what will Brexit-backing readers think?

The Guardian - UK

Who is Axel Springer? The German media group set to buy the Telegraph

Axel Springer was founded 80 years ago by its namesake in post-war Hamburg, Germany

The Independent UK

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Axel Springer to buy Telegraph in £575m deal

‘Now our dream comes true’, German media executive Mathias Döpfner said

The Independent UK

German media group Axel Springer to buy Telegraph for £575m

It comes after Daily Mail and General Trust had previously agreed a deal to buy the Telegraph last year.

Evening Standard

Telegraph sold for £575m as German buyer elbows out Daily Mail

Axel Springer, owner of Bild and Die Welt, agrees all-cash deal for one of UK’s oldest newspapers

The Guardian - UK

Banijay Group to form £3.8bn television super-indie with The Traitors producers

Chair of merged production company says move creates a ‘world-class’ offering across live events and programming

The Guardian - UK

Telegraph suitor considers legal action against UK government over rival bid

Exclusive: Figures led by New York Sun owner may seek judicial review after restrictions lifted on DMGT offer

The Guardian - UK

Daily Mail’s £500m Telegraph takeover faces government investigation

Linda Nandy expressed ‘concerns’ over the deal’s potential impact in UK media

The Independent UK

Culture Secretary intervenes in Daily Mail owner’s £500m Telegraph takeover

Lisa Nandy has launched an investigation into the deal amid concerns it could impact competition in the media sector.

Evening Standard

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The Independent UK

Culture Secretary Lisa Nandy ‘minded’ to investigate £500 million Telegraph sale to Daily Mail owner

Daily Mail and General Trust (DMGT) agreed to purchase the Telegraph from RedBird IMI in November

The Guardian - UK

Nandy intends to refer Daily Mail’s Telegraph takeover to regulators

Culture secretary ‘minded to’ intervene and ask Ofcom and CMA whether the £500m deal harms media plurality

Evening Standard

Culture Secretary ‘minded’ to look into Daily Mail owner’s £500m Telegraph deal

In November, Daily Mail and General Trust (DMGT) agreed to purchase the Telegraph from RedBird IMI.

The Guardian - UK

Maker of Peaky Blinders ‘in advanced talks’ to merge with The Traitors producer

Merger between Paris-based Banijay Group and RedBird IMI-owned All3Media would create a European TV production giant

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The Guardian - UK

Culture secretary to consider investigation into Telegraph takeover by Daily Mail owner

Lisa Nandy will have to assess deal after formal request from the seller, Abu Dhabi-backed RedBird IMI

The Guardian - UK

Daily Mail owner secures funding for £500m takeover of Telegraph

Details of financing structure to be reviewed by culture secretary and regulators before deal can proceed

International Business Times UK

Daily Mail Launches £500M Bid to Take Over the Telegraph in Explosive Media Shake-Up

DMGT enters exclusive talks to buy The Telegraph, marking a major shift in the UK media landscape.

The Guardian - UK

Lord Rothermere’s Telegraph takeover strengthens UK media’s rightwing tilt

Many fear competition and diversity will be diminished as Daily Mail owner wins race to buy newspaper

The Independent UK

Daily Mail publisher agrees £500m deal to buy Telegraph newspaper

The Telegraph has been the subject of a potential takeover for more than two years.

The Independent UK

Daily Mail owner strikes £500 million deal to buy The Telegraph

DMGT has now entered exclusive talks to purchase the historic broadsheet

The Guardian - UK

Daily Mail owner strikes £500m deal to buy Telegraph titles

Acquisition likely to trigger in-depth investigation by regulator after agreement between DMGT and Redbird IMI

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